Pistachio Prices Retreat on Favorable Weather and Expectations of a Large Global Crop

Published May 23, 2023
Pistachio prices in Europe declined in mid-March due to positive global production expectations, with both small and large-sized pistachio kernels experiencing a 1.4% drop in Italian wholesale markets. The United States is anticipating a record pistachio crop in 2023 on the back of new plantings coming into production and favorable weather. Weather conditions over Turkiye and Iran have also been normal to favorable.
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